AMSJ » $5B North Qld project secures funding

$5B North Qld project secures funding

CPB Contractors
CPB Contractors

One of Queensland’s largest developments received a welcome cash injection.

The State Government recently approved $1.3 billion in funding for CuString’s CopperString 2.0 High Voltage Transmission Line between Townsville and Mount Isa.

The money will help Powerlink Queensland, UGL and CPB Contractors start construction sometime in mid-2024. An estimated 100 permanent positions will be created.

Expressions of interest have already been called for more than 40 works packages including engineering, construction, environmental management, logistics, accommodation camps, haulage and communications.

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The project involves building:

  • a 500 kilovolt (alternating current) double circuit transmission line, spanning 1100km between Woodstock and Chumvale
  • support towers made from either galvanised steel self-standing lattice or guyed galvanised steel lattice
  • four new substations at Chumvale and Woodstock where the line will be connected to the national electricity grid
  • two substation extensions
  • at least four construction zones with a central camp, project office and temporary construction camps
  • access tracks
  • Powerlink Queensland will oversee early work before the end of 2023. Construction will begin in 2024 and end sometime in 2029.

The 6000 megawatt project originally would have cost $1.7 billion. However, the latest deal lifts capital expenditure by 194.1 per cent to $5B.

“We also want to see the people of North and northwest Queensland get involved in this project, as it is a project that will shape their region for generations to come,” Powerlink chief executive Paul Simshauser said in a public statement.

“We look forward to working closely with our construction partners, local suppliers and communities to make this project a reality.”

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